[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied Wednesday afternoon with the Dow gaining 140 points on the day, after the Federal Reserve kicked off its long-awaited 2-day policy meeting on interest rates. In one of the most important Fed meetings in recent times, economists and analysts alike are divided on whether the Fed will move forward to …
All Smiles As Markets Close On Wednesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s trading closed with smiles on most everyone’s face in Wall Street as the Dow and S&P 500 had one of their best point gains of the year. The Dow gained 1.69%, the S&P 500 rose a whopping 2.04% and the Nasdaq rose ahead of the pack gaining 2.11%! Markets were driven …
A Mundane Monday Kicks Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was too tough for the markets to continue their record breaking trend this Monday, even though we received some positive data that showed an improving housing market. The S&P 500 dropped a tad and the Dow slid slightly. Only the Nasdaq finished the day in positive territory, squeezing out a 0.02% …
A Choppy Day On Wall Street; Jobless Claims Up
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks extended losses in choppy trading amid mixed retailer sales and jobs data. In the tech world, Oracle (ORCL) stock slipped Thursday after the database leader was downgraded by Morgan Stanley and RBC Capital on valuation, worries over China’s IT spending and growing competition from cloud computing vendors. Facebook (FB) popped 5% …